摘要
2019年,国际油气并购市场整体表现冷淡,上游和下游市场均不活跃,但大型交易引领了交易额大幅上升.通过对市场中交易主体、交易对象和交易价格的分析,梳理了国际油气并购市场的交易规模、交易结构等基本情况,总结了国际油气并购市场的交易特点.最后,结合油气行业发展形势和石油公司战略调整及财务表现等,提出未来国际油气并购市场的趋势展望.
During 2019,the global upstream and downstream mergers and acquisitions(M&A)market was not active,but it was propped up by massive mergers.Through the analysis of transaction subjects,objects and prices in the market,this paper sorted out the transaction scale and structure of the global M&A market,and summarized the characteristics.Finally,combining the development situation of the oil and gas industry with the strategic adjustment and financial performance of oil companies,the trend outlook of the future global M&A market is proposed.
作者
金焕东
郑晶晶
JIN Huandong;ZHENG Jingjing(CNPC Economic and Technology Research Institute,Beijing 100724,China;China Petroleum Technology Development Corporation,Beijing 100028,China)
出处
《世界石油工业》
2020年第1期21-26,共6页
World Petroleum Industry
关键词
国际油气并购
市场分析
交易价格
页岩油气
大型交易
global M&A
market analysis
transaction prices
shale oil and gas
large-scale transactions